Netflix

Tuesday's after-hour trading saw Netflix shares drop by about 6 per cent while shares of SpaceX upped by about 8 per cent, both companies reported results revealed for the July-to-September quarter. After-hour trading is the…

Netflix has revealed plans to cut about 1,000 jobs globally, representing roughly 6 per cent of its workforce. The streaming giant also seeks to expand its advertising business, live sports and gaming offerings while reassessing…

Netflix has discreetly hiked it’s cost of subscription for the second time in just over a year, with implementation of the increase effective March 26. The ad-supported plan now costs $8.99 monthly (up from $7.99), the standard…

Netflix is set to position advertising as a significant secondary revenue stream alongside subscriptions, altering the company’s long-standing reliance on subscriber income. According to data from Omdia, Netflix’s advertising…

Paramount Skydance is anticipated to acquire Warner Bros. Discovery (WBD) in a record $111 billion deal, following Netflix’s strategic withdrawal from the high profile bidding. The merger, expected to close in the third…

Netflix has withdrawn its bid to acquire Warner Bros. Discovery following a competing $111 billion proposal from opponents Paramount Skydance. The streaming giant, which had previously agreed to an $82.7 billion deal in December…

Netflix is smashing records again, announcing that it is about to hit an all-time high of 325 million global subscribers. But the streaming giant isn’t stopping there. In a bold move that could redefine how you watch your favorite…

Netflix has offered a $83 billion all-cash deal  to acquire Warner Bros. Discovery’s (WBD) studios and streaming business  rather than the previously proposed cash-and-stock bid. The streaming giant revealed this recently in a…

Netflix has announced that it has entered into a definitive agreement with Warner Bros Discovery to buy the film and streaming businesses of Warner Bros Discovery, HBO Max and HBO for $72bn (£54bn). The streaming giant emerged…

Nigerians, especially those on the premium plan will pay more, as streaming giant, Netflix has increased its subscription prices. This marks the third time in less than a year that the company has adjusted its prices in the…